Common Admission Test (CAT) Questions and Answers with Explanation

Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore	B) Rs 500 crore
C) Rs 100 crore	D) Rs 200 crore

Answer & Explanation Answer: C) Rs 100 crore

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) ZBD	B) JLN
C) QSU	D) NOP

Answer & Explanation Answer: D) NOP

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Select the most appropriate term for the following set of items.

A) Pictures	B) Technology
C) Fine Arts	D) Culture

Answer & Explanation Answer: B) Technology

Explanation:

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Filed Under: Image Analysis
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Fixed cost per unit increases when

A) variable cost per unit decreases	B) production volume decreases
C) variable cost per unit increases	D) production volume increases

Answer & Explanation Answer: B) production volume decreases

Explanation:

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following cube in the answer figure cannot be based on the unfolded cube in the question figure?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: Cubes and Dice
Exam Prep: Bank Exams , CAT

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Q:

Product of digits of a 2-digit number is 72. If we add 9 to the number, the new number obtained is a number formed by interchange of the digits. Find the number.

A) 98	B) 89
C) 78	D) 87

Answer & Explanation Answer: B) 89

Explanation:

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Filed Under: Numbers
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Consider the given question and decide which of the following statements is/are sufficient to answer the question.

How was the sale of the company ABC?

Statements :

1. The company ABC sold 75000 units of soaps each at Rs. 70/-.
2. ABC has no other products in the production line.

A) Both 1 and 2 are sufficient to answer the question.	B) 2 alone is sufficient while 1 alone is not sufficient to answer the question.
C) 1 alone is sufficient while 2 alone is not sufficient to answer the question.	D) Neither 1 nor 2 is sufficient to answer the question.

Answer & Explanation Answer: A) Both 1 and 2 are sufficient to answer the question.

Explanation:

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Filed Under: Statement and Assumptions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who is the author of 'Million Mutinies Now'?

A) Aurobindo Ghosh	B) K P S Gill
C) Nirad Chaudhuri	D) V S Naipaul

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